Technology is changing the overall framework for real estate and its business models. Therefore, we need to just not do some superficial changes to our real estate portfolio and solution but relook the entire business lifecycle in the background of changing fundamentals. Of course, technology is key changing driver, but allied climate changes is also impacting the strategic framework of business.
This article covers: how is technology changing real estate, what property owners need to do, elements of strategic framework for rebooting of real estate portfolio and implementation framework.
Technology is bringing opportunities for real estate sector like any other sectors. We will witness drastic changes in needs, usage, and delivery of real estate spaces. Therefore, it is essential for all stakeholders especially property owners and investors to align their strategic plans considering technology impacts in different aspects of real estate.
This article will help property owners and investors in strategic planning for their property portfolio business.
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